U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
Q4 growth came in below economists' expectations; the economy grew 2.8% during the year
- By: Paul Wiseman, The Associated Press
- January 30, 2025 January 30, 2025
- 09:13
Q4 growth came in below economists' expectations; the economy grew 2.8% during the year
The ECB's benchmark rate sits at 2.75% now, as consumers fret about inflation and businesses navigate political risk
CRA is “trying to have it both ways,” legal counsel says
Court to hear arguments over competing claims on failed alternative fund manager's assets
The central bank said it is harder to gauge where inflation is headed, in part because of uncertainty around Trump's policies
AI-related filings rise; crypto cases fall, and are in doubt if regulation arrives
Exercise will examine turmoil driven by geopolitics, trade uncertainty
Insurtech in B.C., Alberta and Ontario seeks licensing in 3 more provinces
And, ATB Financial adopts Google AI
The divergence in rates, one of the factors weighing on the Canadian dollar, could persist for the next decade
Decision comes after Alberta's Finance Minister fired the board of directors and CEO in November
This is the central bank’s sixth consecutive cut since June
Six in 10 businesses surveyed said they could withstand a prolonged trade war with the U.S.
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record